Support and Resistance:
Line Studies | Fibonacci | Pivot | Moving Average | Bollinger |
150 | 0% @ 111 | 129 | SMA 15 @ 115 | Upper @ 120 |
141 | 38.2% @ 128 | 126 | SMA 25 @ 115 | Middle @ 116 |
132 | 50% @ 133 | 121 | SMA 50 @ 121 | Lower @ 111 |
126 | 61.8% @ 138 | 118 (Pivot) | - | - |
120 | 100% @ 156 | 113 | - | - |
112 | - | 110 | - | - |
102 | - | 105 | - | - |
Recommended Actions:
- Buy @ 112 (support line, Fibo 0%, pivot support, lower Bollinger band, and trendline support).
- Average Buy @ 102 (support line).
- 1st Sell Target @ 120 (resistance line, pivot resistance, SMA 50, and upper Bollinger band).
- 2nd Sell Target @ 126 (resistance line, Fibo 38.2%, and pivot resistance).
- Stop loss (or simply wait) if the price goes below 99.
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